Equity-linked savings Scheme - Wikipedia
Equity-linked savings scheme popularly known as ELSS are open-ended, diversified equity schemes offered by mutual funds in India. They offer tax benefits under the new Section 80C of Income Tax Act 1961. ELSS can be invested using both SIP(Systematic Investment Plan) and lump sums investment ... Read Article
IT Savings Declaration Form - P A R Y & Co.
IT Savings Declaration Form Name of the for the financial year 2006 – 2007 declared for my tax calculation. SAVINGS ELIGIBLE FOR TAX REBATE – U/S 80C AMOUNT IN Rs. 1. Life Insurance Premium 2. Unit Linked and therefore would like to claim tax benefit under section 10 ... Read More
Deduction under Income Tax Chapter VI-A - Edupristine.com
•Subscription to any National Savings Certificate e.g. NSC VIII issue and IX Repayments of education loan NOT covered under Section 80C Course may be in or The amount donated towards charity attracts deduction under section 80G of the Income Tax Act, 1961 21 ... Get Doc
HSBC Tax Saver Equity Fund (HTSF)
Presenting HSBC Tax Saver Equity Fund. An ELSS that offers the benefit of tax savings while working hard to give your money the potential to grow. Which makes it a smart tax-saving option. Offers benefits under section 80C of Income Tax Act, 1961 ... Retrieve Document
SECTION 80C - Tsrandco.com
The income from such house property should be chargeable to tax under the head "Income from house In addition to the existing list of various categories of investments eligible for deduction under Section 80C, Deposit in an account under the Senior Citizens Savings Scheme ... Retrieve Doc
Tax Planning Series # 1 (Section 80C & 80CCC) - YouTube
This video is about Tax planning in India The Following are Investments which are covered under section 80C and 80CCC of the Income Tax act, 1961 1. Provi ... View Video
The Chart Given Below Describes The Deductions Allowable ...
The chart given below describes the deductions allowable under chapter VIA of the I.T. Act from the Investment under Rajiv Gandhi Equity Savings Scheme, 2013 -Deduction under section 80C and Tax Planning . ... Access This Document
Tax Planning Series 2: Section 80C Income Tax Deduction Life ...
Brief about Section 80C: Investments and expenses made upto Rs 1.50 lakh from Financial year 2014-15 / Assessment Year 2015-16 is tax exempt Qualifying Exp ... View Video
Income Tax Saving - AICGPA - Home
The government of India has provided concessions for reducing income tax under certain conditions. This involves primarily savings, donation and insurance. The details are given as under:- 1) 80C: under this following savings get exemption up to total of Rs. 1.0 Lakhs. ... Fetch Content
Tax Deduction ( Savings) Under Chapter VI A Of The Income Tax ...
Deduction Under Chapter VI A of the Income Tax Act, 1961-Summary When it comes to income tax , people fear of losing their savings due to tax. Nobody wants t ... View Video
The Maximum tax Exemption Limit under Section 80C EPF
The maximum tax exemption limit under Section 80C as tax deductions under section 80c are as below; in respect of interest on deposits in savings account with a bank, co-operative society or post ... Return Doc
All About Deduction under Section 80C And tax Planning What ...
All about deduction under section 80C and tax planning. Background for Section 80C of the Income Tax Act (India) / What are eligible investments for Section 80C: ... Access Doc
INDIA TAX SAVINGS FUND - Tata Mutual Fund
• Investors seeking deduction of up to Rs.1.5 lacs allowed under section 80C of Income Tax Act, 1961 • Lowest lock in period of 3yrs amongst all the different tax savings investment Tata India Tax Savings Fund, ... Retrieve Content
TAX BENEFITS DUE TO LIFE INSURANCE POLICY, HEALTH INSURANCE ...
TAX BENEFITS DUE TO LIFE INSURANCE POLICY, HEALTH In case of withdrawal during the life time of depositor from Senior Citizens Savings Scheme or Deduction under section 80C is available on payment basis. In respect of premium of ... Fetch Here
Part 1 : Tax Savings For Individuals - Finsys.in
Part 1 : Tax Savings for Individuals W ith the tax-planning season about to end, most individuals are rushing around to If he chooses to ignore the tax sops available under Section 80C, his tax liability will amount to Rs 87,550. Conversely, ... Access Full Source
Religare Invesco Tax Plan - Invesco Mutual Fund
Presenting Religare Invesco Tax Plan An open-ended Equity Linked Savings Scheme When compared to some prescribed investments under Section 80C of the Income-tax Act, (An Open-Ended Equity Linked Savings Scheme (ELSS) with a lock-in period of 3 years) ... Access Full Source
Income Tax Planning: A Study Of Tax Saving Instruments
For tax deductions under section 80C.While the contribution paid to EPF and PPF by the employees are subject to the overall ceiling of Rs.1 Lakh under section 80C. D. National Savings Certificate: It can be bought at any post offices in the country. While ... View This Document
SIP Your Way To tax savings! - FinEdge
SIP your way to tax savings! www.finedge.in The month of March is usually synonymous with mad scrambles for parking away funds in tax saving instruments under Section 80C! ... Access Full Source
Eligible Investments For Section 80C Of Income Tax Act
What are eligible investments for Section 80C: specially created for offering you tax savings, and these are called Equity Linked Savings Scheme, cent rate of interest –qualifies for tax saving under section 80C. Effective rate works out to be 7.71% per annum ... Retrieve Full Source
IDBI TAX SAVING FUND - Idbipaisabuilder.in
IDBI TAX SAVING FUND An open-ended Equity Linked Savings Scheme (ELSS) offering income tax benefi ts under Section 80C of the IT Act, 1961 Offer of Units of Rs. 10 each for cash (at par) during the New Fund Offer ... Fetch Content
FAQs On Tax Savings Deposit
FAQs on Tax Savings Deposit What is the tenure of the Fixed Deposit? Booking period – Minimum 5 to Maximum 10 years In the case of joint deposits, the tax benefit under 80C will be available only to the first holder of the deposit ... Get Content Here
Tax Reform Update - Rose IT S
Insertion of new section 80C. After section 80B of the Income-tax Act, as subscription to any such savings certificate as defined in clause (c) have been chargeable to tax under that head), where such payments are ... Visit Document
Your Savings Tax - Hdfcfund.com
Tax savings and wealth creation needs planning and an awareness of how money can work for itself. qualify for tax deductions under Section 80C of the Income Tax Act. ELSS schemes are typically open-ended. Investors can sub- ... Retrieve Content
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